The use of wine yeast is increasing as people become more aware of its nutritional benefits. Yeast extracts are emerging as low-cost culinary and functional ingredients. Due to the growth in the convenience food and beverage industry and emerging non-food applications, the wine yeast industry has made significant progress.
Data Bridge Market Research analyses that the wine yeast market was valued at USD 1.15 billion is expected to reach the value of USD 2.45 billion by 2029, at a CAGR of 9.90% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Some of the major players operating in the wine yeast market are:
- Marel (Iceland)
- GEA Group (Germany)
- Bühler (Switzerland)
- Alfa Laval (Sweden)
- Bucher Industries (Switzerland)
- Equipamientos Cárnicos, S.L (Spain)
- Clextral (France)
- FENCO Food Machinery (Italy)
- Krones Group (Germany)
- Finis Food Processing Equipment B.V. (Netherlands)
- BAADER (Germany)
Global Wine Yeast Market Scope
The wine yeast market is segmented on the basis of country, form, fermentation type, extract type genus. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Form
- Dry
- Liquid
Fermentation Type
- Nature fermentation
- Pure culture fermentation
Extract type
- Yeast extracts
- Autolysed extracts
Genus
- Saccharomyces
- Kloeckera
- Hanseniaspora
- Candida
- Hansenula
- Pichia
- Brettanomyces
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Wine Yeast Market Dynamics
Drivers
- Beneficial characteristics associated with wine yeast
Wine yeast is increasingly being used as a leavening agent in bakery products around the world because it can be stored at room temperature for longer periods of time without losing any of its properties. The key players are also focusing on developing high-quality yeast to improve its applications as a leavening agent in bakery products, which is one of the major factors driving the wine yeast market.
- High demand for the organic food products
The bakery industry is a pioneer in the use of wine yeast as an important ingredient. Breads, rye breads, whole wheat bread, buns, white breads, brown breads, and many other bakery products are in high demand worldwide. These dominant factors are propelling the market. Retail sales of organic food products have increased as consumer awareness of the benefits of organic food products has grown.
Opportunity
Due to the rising global consumption, the establishment of mega food parks and an increase in the number of food and beverage manufacturing units are expected to aid the growth of the wine yeast market. Various factors such as advancement in technology, active research and development techniques, productivity growth, growing population resulting in growing demands, government subsidies and lucrative schemes for plant setup and expansion, abundant raw material, and improved connectivity and easy policies for industries to grow catalyse the increase in food processing plants.
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